Tech Company Financing Transactions
Culminate Foods Funding Round
Culminate Foods, based in Berlin, scored $2.4 million in funding from High-Tech Gründerfonds, b.value and Big Idea Ventures.
Transaction Overview
Company Name
Announced On
4/24/2024
Transaction Type
Venture Equity
Amount
$2,400,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to scale up production processes, expand commercial collaborations and operation.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
Goethestr. 5
Berlin, 10623
Germany
Berlin, 10623
Germany
Phone
Undisclosed
Website
Email Address
Overview
Global meat consumption is growing steadily and is expected to double by 2050. Factory farming is driving climate change and harming the environment. One of the solutions available on the supermarket shelves today is plant-based meat alternatives. Unfortunately, many consumers are not satisfied with the meat alternatives available today and do not want to compromise on taste and texture. We believe that the adoption of meat alternatives would be greatly accelerated through better tasting meat alternative products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Eugenia Sagué
Co-Founder
George Zheleznyi
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